Fact sheet: Renasset Eastern European

Fund information

Fund name
Renasset Eastern European AA GBP
Fund company manager
Mori Capital Management
Fund type
SIB
Fund manager
Jesse Sherman
since 30/06/2014
Fund objective
The Fund seeks long-term capital appreciation through investments primarily in a portfolio of Eastern European securities. The manager uses a bottom-up approach to incorporate both stock and sector views. The manager’s stock-picking style is a combination of proprietary valuation models, target prices, stock market capitalisation, liquidity and his view on the management’s quality. Please note that A Euro shares are closed to new subscriptions.
Benchmark
MSCI EM Europe 10/40
Investment style
Growth
Investment method
Shares

Quick stats

1 Year return

23.67 %

1 Year rank in sector

4/28

Sector

FO Equity - Emerging Europe

Yield
-
Fund size

£ 80.8 m

FE Risk score

147

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Russia
    44.4%
  • Turkey
    28.1%
  • Poland
    12%
  • Greece
    5.4%
  • Czech Republic
    3.2%
  • Financials
    31.9%
  • Energy
    22.9%
  • Industrials
    10%
  • Materials
    9.8%
  • Consumer Staples
    7.8%
  • Russian Equities
    44.4%
  • Turkish Equities
    28.1%
  • Polish Equities
    12%
  • Greek Equities
    5.4%
  • Czech Republic Equities
    3.2%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.49 %6.61 %23.67 %11.49 %7.95 %
Sector-0.2 %2.02 %19.04 %3.11 %2.21 %
Rank within sector2 / 288 / 284 / 289 / 2811 / 28
Quartile th1 st2 nd1 st2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund10.07 %46.69 %-7.24 %-28.49 %-5.63 %
Sector6.79 %22.68 %-3.06 %-22.02 %-2.16 %
Rank within sector9 / 282 / 2824 / 2823 / 2826 / 28
Quartile th2 nd1 st4 th4 th4 th

Risk statistics

Alpha2.81
Beta1.02
Sharpe0
Volatility18.86
Tracking error10.22
Information ratio0.22
R-Squared0.72

Price movement

52 week high9.63
52 week low7.35
Current bid price0
Current offer price0
Current mid price9.51

Holdings by region

  • 44.4% Russia
  • 28.1% Turkey
  • 12% Poland
  • 5.4% Greece
  • 3.2% Czech Republic
  • 3.1% Money Market
  • 1.8% Others
  • 1.6% Ukraine
  • 0.4% Kazakhstan

Holdings by sector

  • 31.9% Financials
  • 22.9% Energy
  • 10% Industrials
  • 9.8% Materials
  • 7.8% Consumer Staples
  • 6.1% Others
  • 4.7% Telecommunications
  • 3.2% Consumer Discretionary
  • 3.1% Cash & Cash Equivalents
  • 2.4% Real Estate

Holdings by asset type

  • 44.4% Russian Equities
  • 28.1% Turkish Equities
  • 12% Polish Equities
  • 5.4% Greek Equities
  • 3.2% Czech Republic Equities
  • 3.1% Money Market
  • 1.8% International Equities
  • 1.6% European Emerging Equities
  • 0.4% Kazakhstani Equities

Individual holdings

  • 6.8% LUKOIL PJSC
  • 6% SBERBANK OF RUSSIA
  • 5.1% GAZPROM OAO
  • 5% POWSZECHNY ZAKLAD UBEZPIECZEN SA
  • 4.5% POWSZECHNA KASA OSZCZED BK POLSKI
  • 4.1% HALKBANK SKOPJE
  • 4% TURKIYE VAKIFLAR BANKASI TAO
  • 3.3% MAGNIT PJSC
  • 2.7% SURGUTNEFTEGAZ
  • 2.7% TURKIYE GARANTI BANKASI